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Chapter 286 Acquisition Proposal

When Kaili and her group arrived at the lobby of Jozankei Haojing Holiday Hotel, Lin Rong was already standing in the lobby to welcome them.

"Hello, beautiful Oriental lady, I am Bob Edward Zander, the global strategy director of Motorola!" The middle-aged man smiled and stretched out his hand and said, "It's an honor to meet you! But now I want to know more,

Fang, when will I have time?" Although he said he was smiling, it was not difficult to hear the hint of dissatisfaction on his face.

"I'm sorry, Director Zhande, Mr. Fang is currently receiving guests from Japan's Seibu Department Store and Sogo0 Co., Ltd., and is unable to escape for the time being. I have to come and receive them. When the meeting with them is over, Mr. Fang said

I will be notified of the time of your meeting with Director Zhan De." Lin Rong bowed slightly and said in a moderate manner, "We have arranged a place for you to stay. You can take a rest first or go to dinner first!"

"Seibu Department Store and Sogo0 Co., Ltd.? Never heard of it." Zander shook his head slightly and said, "How high can they rank in Japan?" As the global strategy director of Motorola, he is also an important senior executive of Motorola.

Zhan De felt that Fang Mingyuan looked down on him a little too much. No one came to greet him at the airport, and when he arrived at the hotel, only an assistant came. Zhan De, who was used to being greeted and greeted by cars when he arrived in the East,

Somewhat lost.

"Seibu Department Store belongs to Japan's Seibu Group. Its head, Yoshiaki Tsutsumi, believes that Director Zander will know it as long as he pays attention to the history of Japan's economic development. As for Sogo0 Co., Ltd., it is only a Japanese company with total assets of tens of billions of dollars.

It's just a small department store!" Lin Rong said calmly, "We have come from a long distance, so we should eat and rest first."

Zander couldn't help but conclude that as the global strategy director of Motorola, if he didn't know the famous business figures in Japan, Motorola's most important market in the East, then he, the global strategy director, would be a bit too much.

He was incompetent. And Sogo0 Co., Ltd. was somewhat beyond his expectation. It was actually a department store with assets of tens of billions of dollars. Although it was nothing compared to Motorola, it was still comparable.

It's called a big company.

He wanted to talk again, but Lin Rong had already turned around and got into the elevator. Zhan De withdrew his outstretched hand and touched his nose. The hotel attendants had already come over to them, took their luggage and sent them to their rooms.

.

Zander is quite satisfied with the hotel room. Although it is not that luxurious, it is comfortable and clean.

"Bang bang!" There were two light knocks on the door.

"Come in!" Zander shouted, the door of the room was pushed open, and Kelly, wearing a small dress, revealing her collarbone and a large amount of white skin on her chest, walked in.

"Bob, should we eat in the hotel or go out to a restaurant?" Kelly chuckled, "When we arrive in Sapporo, the food here is still very famous in Japan."

Zander sat on the bed and said with a wry smile: "Kelly, aren't you curious at all about what that Fang wants to do?"

Just in early December, Motorola's board of directors received an inquiry from Fang Mingyuan, forwarded by Ms. Gore, chairman of Emerald Film Company, about whether Motorola's semiconductor business unit was willing to transfer.

The first reaction of the Motorola board of directors was anger, but when they confirmed Fang Mingyuan's identity, there were obvious differences of opinion in the board of directors. Naturally, some directors, led by Chris Zircon, strongly opposed it. There were also quite a few

A large number of directors are very interested in this proposal.

The semiconductor business unit is one of the important departments of Motorola. The semiconductor business unit accounts for nearly one-sixth of Motorola's annual sales of nearly 30 billion US dollars.

The chips produced by Motorola have relatively few applications in the computer industry. They mainly produce PowerPC chips for Apple Computer's high-end desktop computers. In this field, it also has an important competitor, which also has a license for PowerPC chips.

IBM. According to legend, Apple Computer's executives intend to transfer this chip production task to IBM. Currently, Motorola is actively publicizing Apple Computer's executives.

The chips produced by Motorola are also widely used in the network and automotive markets, occupying a considerable market share. However, since the mid-1990s, when it handed over its leadership position in the mobile phone industry to the Nokia Group, Motorola's semiconductor product division has also been in decline in recent years.

We have gone through a very difficult period. Due to the world economic downturn caused by the Asian financial crisis, the global chip industry is at a low ebb. Motorola's semiconductor business unit has suffered losses in two of the past four quarters, and basically lost money in one quarter.

On balance, there was another quarter with a profit of less than 10 million US dollars. In the third quarter of this year, the semiconductor business unit became the only major business unit of Motorola to lose money.

Due to the losses of the semiconductor business unit in the past many quarters, the business ranking has fallen out of the top ten chip manufacturers in the world. Its operating losses have accounted for 3% of Motorola's sales. Motorola experts

After research, it has been determined that the semiconductor business has always invested heavily and has a long production cycle. In a short period of time, it will be very difficult to turn losses into profits, so it will hinder Motorola for a long time.

Although in the past two years, Motorola has taken measures such as closing down some production plants, outsourcing some production tasks, or licensing its designs to other companies, there has been no obvious results. A large number of investors have expressed this view.

They are still very dissatisfied and have been asking Motorola's board of directors to decide to spin off or sell the semiconductor business, so that Motorola can get rid of its long-term loss situation and focus on its main business of mobile phones and telecommunications equipment.

Therefore, when Fang Mingyuan made this suggestion, you can imagine how heated a debate was in the Motorola board of directors. Zander and his team were the first negotiators sent by the Motorola board of directors to contact Fang Mingyuan.

.

On the other hand, Zander had carefully read the Motorola board of directors' investigation report on Fang Mingyuan before he came. He was also shocked. He also did not expect that this young Chinese man named Fang Mingyuan was actually the most mysterious and youngest person in Hollywood.

Yes, the screenwriter "Fang" who has won many awards is actually the same person. In addition to the Hong Kong Kumho Film Group, which is already a famous name in the film industry, this young man has many real industries under his name. And

This shows that Fang Mingyuan’s plan to acquire Motorola’s semiconductor business unit is not just a whim, but he has sufficient financial strength.

"I'm very curious, why does he dare to acquire the company's semiconductor business department today when the global chip industry is obviously in recession! Doesn't he understand that the semiconductor business department controls automotive electronic chips, mobile phone chips, etc.

There are more than 5,000 patented technologies in many fields such as communication chips, and these patents account for nearly 40% of our entire company’s patents at Motorola! Hehe, I don’t think he would have spent a hundred and forty-five dollars.

One billion U.S. dollars, the board of directors will not consider it at all!" Kelly smiled. One hundred and forty-five billion U.S. dollars, even if Fang Mingyuan owns many industries and has good performance, this is still an astonishing sum of money.

"

"I've seen this person's resume, and he has a very keen vision. So far, his investments have never failed. It's amazing!" Zhan De said sternly, "Maybe he thinks there are business opportunities in this.

.”

"But how much investment does this require?" Kelly curled her lips and said, "The acquisition has been worth 14 to 5 billion US dollars. If you want to develop, you have to continue to invest. And how long will it take for these investments to be recovered? With this

If you don't have the spirit, it's better to find a few Internet companies with potential, and within three to five years, as soon as they go public, the investment will be earned back!" The recent crazy rise of the Nasdaq Composite Index has made people all over the United States crazy.

It's crazy, and she will naturally be no exception.

Zander snorted and said: "Don't just look at their current success. If there is no real industry, what's the use of just playing with ideas and concepts? Sooner or later, they will be ruined! If I were you, I would quit as soon as possible." He

I look down on these so-called Internet companies. Each of them has a market value of tens of billions of dollars, even more than the old multinational conglomerates such as Boeing, Motorola, and IBM. But when it comes to turnover and profits, they are appallingly miserable.

.What value does such a company have that is worth pursuing?

"No way, it's only a few points. In my opinion, the Nasdaq Composite Index will rise to at least 6,000 points!" Kelly shook her head repeatedly. In just one year, her assets have tripled.

Now that the Nasdaq Composite Index is doing very well, she is reluctant to quit.

"God has said that greed is the original sin of mankind!" Zander stood up and said, "So it's normal for me to disagree with you. I just hope that Fang won't be as greedy as you! In this case, my

The hard work is worth it!" Zander supports the separation of the semiconductor business unit from Motorola so that the company can focus on the production of mobile phones and network equipment.

"The chairman will definitely be unhappy!" Kelly said softly.
Chapter completed!
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